Japan’s financial regulator, the Financial Services Authority (FSA), plans to categorize algorithmic stablecoins in the same bracket as Bitcoin. Stablecoin issuers will also need licenses that deem it...
Category: Bitcoin
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‘Wolf Of Wall Street’ Advises Investors To Hang On To Bitcoin
The year 2022 has been a very rough one for Bitcoin and the general crypto market. In the initial 11 months of the year, BTC declined by about 65%. Then, when it appeared that BTC gained stability at ...
Why bitcoin’s dominance is down this bear market
As of last year, when bitcoin — and crypto in general — were riding the wave of exorbitantly high prices, the dominance enjoyed by the world’s leading crypto took a dip as money flowed into altcoins a...
Bank of Spain to Launch Experimental Wholesale CBDC Digital Token Program – Blockchain Bitcoin News
The Bank of Spain is seeking the collaboration of organizations interested in participating in an experimental test on a wholesale central bank digital currency (CBDC). The institution clarified this ...
Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels. The FTX crisis kept the price of Bitcoin (BTC) under pressure ...
New evidence 52.2% of Bitcoin Network uses clean energy
ClimateTech Vice Chair Daniel Batten’s recent analysis revealed that 29 mining companies constitute 16.48% of the whole Bitcoin (BTC) network and run on 90-100% clean energy. This percentage also show...
Bitcoin, Ethereum, and XRP on Cusp of Significant Price Movement
Bitcoin, Ethereum, and XRP prices seemed to be making lower highs after seeing a bit of positive momentum last week. Bitcoin price action has been in a larger downtrend while Ethereum and XRP prices s...
Samsung tries the way of the Bitcoin ETF
Samsung asset management and ETFs have a history that goes way back. The investment arm of the Korean communications house has always tried to go down the road of these financial instruments as a mean...
Bitcoin Holds Above $16,800 As Sellers Threaten Short Selling
Dec 08, 2022 at 11:41 // Price Bitcoin (BTC) price is falling as selling pressure picks up. The cryptocurrency value hit a low of $16,730 yesterday before beginning to consolidate back above recent su...
100 BTC To Be Won in MEXC’s World Cup Futures Individual Trading Competition
As the final eight teams: Croatia, Brazil, Netherlands, Argentina, Morocco, Portugal, England, and France enter the quarter-finals, the World Cup is looking to be increasingly fierce and interesting! ...
Bitcoin is a ‘top contender’ to outperform gold in the long run, says commodity guru
The cryptocurrency sector is still reeling from the massive sell-off started by the crash of crypto trading platform FTX, and the price of its largest asset by market capitalization – Bitcoin (BTC) co...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day – Bitcoin News
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash...
Bitcoin Stagnates Below $17K as Extreme Fear Returns to Crypto (Market Watch)
The cryptocurrency market has failed to produce any meaningful movements in the past 24 hours and is found more or less where it was yesterday. This includes Bitcoin, which continues to trade below $1...
ETH Price to Fall to $922 by December 10, Coincodex Predicts – Markets and Prices Bitcoin News
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the ...
Bitcoin miners’ balance hits 14-month low, signaling hope for crypto world
Bitcoin (BTC) miners’ balance in the last few months caused pressure in the market, resulting in a price drop. As the number of their assets hits a 14-month low, there is new hope for traders. Miners ...
Bitcoin, Ethereum, Filecoin, and ApeCoin Daily Price Analyses – 7 December Roundup
The global crypto market has witnessed a continuous negative change in performance. The recent data for Bitcoin, Ethereum, and others show a continuous recession. The market has been facing its worst ...
Quant Analyst PlanB Says 5,800% Bitcoin Rally Is Coming, Calls Current Price a ‘Steal’
The popular quantitative analyst PlanB is doubling down on his forecast of a massive rally for Bitcoin (BTC). In a new interview with crypto analyst Scott Melker, PlanB says Bitcoin could soar more th...
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill – Mining Bitcoin News
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers...
Build DeFi Apps, GameFi, And NFTs On The BTC Network With wBTC Chain
Creating NFTs, GameFi, or even decentralized applications can be a hassle, especially when you intend to create them on the BTC network, and that’s why a project like wBTC Chain was launched. wBTC Cha...
Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage – Mining Bitcoin News
The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a b...
Mazars says users’ BTC reserves on Binance are fully collateralized
South African auditor Mazars confirmed on Dec. 7 that cryptocurrency exchange Binance possessed control over 575,742.42 Bitcoin (BTC) of its customers, worth $9.7 billion at the time of publication. M...
BTC Price Turns Down from a Recent High and Holds above $16.7K
Join Our Telegram channel to stay up to date on breaking news coverage Bitcoin’s Sideways Move Resumes as It Holds above $16.7K – December 7, 2022 Bitcoin’s (BTC) price stayed in the $17,297 resistanc...
Bitcoin pioneer faces trial for tax evasion and unlicensed crypto business
A well-known Bitcoin pioneer and Libertarian activist Ian Freeman is currently facing an eight-count charge in the United States. The trial relates to tax evasion and operating an unlicensed money-tra...
Bitcoin Price Could Avoid Another Downtrend if it Closes Above One Key Level
Bitcoin price extended its decline below the $17,000 level. BTC could avoid a major drop if it closes above the $17,000 resistance zone. Bitcoin remained in a bearish zone and traded below the $17,000...
JPMorgan Chase CEO Jamie Dimon Likens Crypto to Pet Rocks — Calls for More Regulation – Featured Bitcoin News
JPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should maybe f...
Bitcoin․com Completes VERSE $50M Token Sale, Launches Token on Verse DEX – Press release Bitcoin News
press release Bitcoin.com, a digital ecosystem and secure self-custody platform where users can safely and easily interact with cryptocurrencies and digital assets, announced completion of the pre-sal...
Binance’s Bitcoin reserves are sufficient, auditor says
Binance, the world’s major crypto exchange by trading volume, released the results of its Bitcoin reserves audit. Its assets were reportedly “in excess.” In a recent tweet, Binance announced that it w...
Bitcoin miner Marathon explores Compute North bid: Bloomberg
Marathon Digital Holdings Inc. has hired advisers to help navigate a potential bid for its partner Compute North, a troubled crypto miner currently going through bankruptcy, according to Bloomberg. Ma...
Bitcoin takes a bullish stance but does that guarantee a buyer interest in BTC
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin sees hefty outflows from exchanges to suggest an accumulat...
Will Slow Down In BTC Mining Hamper Bitcoin’s Short Term Price?
After a tumultuous month for Bitcoin in November, few indicators are pointing out that the BTC price can see a major downtrend in the month of December and in the near short term. The core factor lead...